Account: 844-924-3009


Apply Today: 844-450-0221


General: 800-472-1334

Okinus Site Map

Why You Shouldn’t Be Afraid of Appliance Financing

appliance-financing (3)

New appliances certainly aren’t cheap and you can never be sure when you might be in need of one. If your washer or dryer breaks down or your fridge stops working, that can be a huge inconvenience for your everyday life. The percentage of Americans who have established a long-term financial plan including investments and savings is 30%. That means that more than half the population might not be prepared for this kind of event and will need help paying for new appliances.

With the help of appliance financing, it’s possible to obtain finance options that will allow you to buy the appliance you need. However, some people get nervous when they think about loans. They worry about their credit or being able to keep up with payments. There’s no need to be afraid of appliance financing, though. It can be a beneficial thing and there are companies out there willing to work with you, even if your credit isn’t the best.

An Opportunity for Rebuilding Credit

If you have low credit, appliance financing is a potential way to help build that credit back up. By keeping up with your payments and opening a new type of credit line, you can boost your score over time. It is, of course, best to choose lease-purchase programs that fit your budget so that you will be able to manage the payments that come with it.

Bad Credit Financing

There are finance options available that don’t hold it against you if you have bad credit. You might think that you aren’t able to purchase a lease for a new appliance because of your low credit score, but that’s not always true. It is possible to find a company that will give you a chance. You can ask upfront what their credit policies are and find out if they might be willing to work with you.

No Large Sums

One of the biggest benefits of appliance financing is that you don’t have to pay a large sum outright. Buying a new large appliance can put quite a dent in your bank account and it’s often easier to handle the payment in installments. It’s worth seeing what kind of payments you would have to make and finding out if they fit into your budget, especially if you need to replace something crucial.

With the right help, financing a new appliance doesn’t have to be a stressful or scary experience. You can get manageable payments, even with bad credit. Give yourself that chance to build your credit back up and purchase a lease for the appliance you need.

Important Notice:

Our payment website has been updated. Please register again to continue using the payment website. We apologize for any inconvenience.


Click Here

This will close in 0 seconds